2012 FASB Year-in-Review

by Hiller Hardie 10. January 2013 16:57
During 2012 the Financial Accounting Standards Board (FASB) spent most of its time working on major projects, including its convergence program with the International Accounting Standards Board (IASB). However, none of them were finalized. For the most part, the Accounting Standards Updates (ASUs) ... [More]

Federal Research Tax Credit Extension for 2012 and 2013

by Steven Sodini 9. January 2013 10:45
FEDERAL RESEARCH TAX CREDIT EXTENDED AND MODIFIED FOR 2012 AND 2013   On January 2, 2013, President Obama signed the American Taxpayer Relief Act of 2012 (the “Act”) to address the so-called “fiscal cliff” and extend the federal research tax credit to cover expenses pa... [More]
Categories: Tax

UPDATED: Summary of fiscal cliff solution passed by Congress

by Tim Marshall 4. January 2013 14:30
  UPDATE: We have provided below and distributed previously a summary of the major tax provisions of the legislation that resulted from the "fiscal cliff" negotiations. To supplement that summary, we are pleased to provide a more detailed analysis of this legislation. 2013 Tax Update, The Amer... [More]
Categories: Tax

A Look Back at the SEC in 2012

by Ken Urish 4. January 2013 09:42
The national assurance practice of our alliance partner BDO has compiled its annual review of significant SEC developments for 2012. Rulemaking required by the Dodd-Frank Wall Street Reform and Consumer Protection Act continued to dominate the SEC agenda in 2012. While the SEC adopted rules addressi... [More]
Categories: Assurance